FINANCIAL_SERVICESAPPROVED

City of Locust Grove Awards Financial Services Contract to Henry County (July 2026)

Locust Grove approved entering into an Intergovernmental Agreement with Henry County and the cities of Hampton, McDonough, and Stockbridge to implement a 1% Floating Local Option Sales Tax dedicated exclusively to property tax reduction. The five-year FLOST, subject to voter approval in November 2026, allocates 5.45% of proceeds to Locust Grove.

Status
APPROVED
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Henry County
Agency
City of Locust Grove · GA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years)
Contract type
FINANCIAL_SERVICES
Contract term
Expected January 1, 2027 – December 31, 2032 (five-year FLOST period, with renewal provisions)
Renewal date
2032-12-31
Renewal
Agreement provides for a five-year FLOST term beginning in 2027, with the County agreeing to call for renewal before termination. Unless a party files written objection within 10 days of the County’s call for renewal, the agreement automatically renews and reauthorizes FLOST using the same apportionment formula, subject to updated census and tax digest data.
Document type
AgendaPacket
Source document
City of Locust Grove Agenda Packet 2026-07-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Locust Grove?

Henry County was awarded this financial services contract by City of Locust Grove, as recorded on July 6, 2026. The contract value is 1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years).

How much is the Henry County contract with City of Locust Grove worth?

The Henry County contract with City of Locust Grove is valued at 1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Locust Grove Agenda Packet 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Locust Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Henry County hold?

Henry County may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Henry County's profile

What is City of Locust Grove currently buying?

Explore City of Locust Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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